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Child Trust Funds worth billions unclaimed: 'I got £955'HMRC said it was grateful for the suggestion ... systems and resources" across government departments and Child Trust Fund providers to monitor the transactions. "The government is committed ...
Young adults could be in for a tidy windfall thanks to a little-known childhood savings scheme, the HMRC has highlighted. Those born between 1 September 2002 and 2 January 2011 may have thousands ...
Account holders can take control of their funds at 16 and withdraw the money once they turn 18. New figures suggest ...
HM Revenue and Customs (HMRC) has said some people may have £2,000 or more in a bank account that they don't know about. It ...
HMRC could owe you money if you were born between these two dates because if you're aged between 18 and 22, there's a chance ...
A woman has managed to find a free £955 HMRC owed her - from a lost savings account. It is estimated 728,000 more could be owed cash with £1.4 BILLION estimated to be lying in Child Trust Funds ...
Although it's not possible to open new Child Trust Funds, existing ones can still receive contributions and are accessible ...
The Share Foundation reports that about £1.4 billion remains unclaimed across approximately 728,000 accounts, with each one ...
It states that people born between two dates could have the cash if they were beneficiaries of the Child Trust Fund. HMRC explained on X, formerly Twitter, that people born between September 1 ...
The average amount in Child Trust Funds is estimated to be around ... the initial voucher from government. These "lost" funds are called "HMRC allocated accounts" and number 449,000 accounts ...
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